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Tag: unemployment rate

Unemployment Rate Declines To 6.7 Percent In India’s Urban Areas: Survey

Posted on May 15, 2024 By admin
Unemployment Rate Declines To 6.7 Percent In India’s Urban Areas: Survey

Unemployment rate is defined as percentage of unemployed people in labour force. (Representational) New Delhi: The unemployment rate for people aged 15 years and above in urban areas declined to 6.7 per cent in the January-March period from 6.8 per cent a year ago, according to the National Sample Survey (NSSO). Joblessness, or unemployment rate,…

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Nation

How unemployment is measured – The Hindu

Posted on September 6, 2023 By admin
How unemployment is measured – The Hindu

When the Periodic Labour Force Survey (PLFS) was released in 2017, it revealed the unemployment rate of India to be 6.1%, the highest ever recorded in India. The PLFS of 2021-22 showed unemployment reducing to 4.1%, much lower than before, but higher than some developed economies. The U.S unemployment rate fluctuated between 3.5% in July…

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